Dorian owns a farm and sells potatoes to local restaurants and grocery stores. The phrase describes this information about Dorian's business is supplier in the factor market.
Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market."
The factors of production include raw materials, land, labor, and capital as they are what are required to meet these needs.
The input market is another name for the factor market.
By this definition, all markets fall into one of two categories: those that provide businesses with the resources they require, or those that provide consumers with the goods and services they need to make purchases.
Hence, the phrase describes this information about Dorian's business is a supplier in the factor market. As Dorian's business is to farm and sell potatoes to other businesses which use these as raw materials.
Learn more about Supply:
brainly.com/question/4804206
#SPJ4
Answer:
I would say NA its better than saying nothing or not saying anything
Explanation:
If you multiply $299.70x 62- 14,000months you get = 4,581.4 so yeah
Answer:
redlining
Explanation:
Redlining is an illegal banking practice that focuses on neighborhoods that are mostly inhabited by minorities. The term redlining itself comes from the practice of marking neighborhoods on city maps with red lines to represent them as dangerous both for banking purposes and high crime rates.
Banks cannot directly deny a credit based on where you live, but they can charge very high interest rates that make them very difficult to pay, or simply ask for a lot of paperwork and more requirements than usual.
This problem is solved by using the compound interest formula:
A=P(1+(I/period))^(number of periods)
Where A = amount accumulated and P = amount loaned and I = Interest
A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span)
So we have
A = 2000 ( 1 + 0.115/2)^(14)
A = 2000 ( 1 + 0.0575)^(14)
A = 2000 (1.0575)^(14)
A = 2000 (2.1873851765154) = 4374.77035
So we have 4374.80 to the nearest cent.
